In 2020, I was left with just $183 in my Binance account, after a journey that started with $3,000 and had once reached a peak of $100,000. But crypto trading is unforgiving, and the markets slowly eroded my gains until I had almost nothing left. Throughout that time, I’d stuck to a habit that may have saved me—transferring $1 daily to a separate fund account. Even when my trading capital dwindled, I kept up with that $1 transfer every day. It wasn’t much, but it was a way to feel like I was sti
The Dumbest Way to Trade Cryptocurrencies—and How to Avoid It
When trading in cryptocurrencies, there's one particularly dangerous method that can eat up all potential profits: reckless and uninformed trading. If you're eager to avoid this, take a slow and steady approach. Here are three crucial things you should never do when trading cryptocurrencies:
Three Major Pitfalls to Avoid: 1. Never Buy When Prices Are Rising: This is a classic mistake many new traders make. As Warren Buffett wisely said, "Be greedy when others are fearful, and be fearful when ot
WELL, THERE WAS A 13X INCREASE OF THE PORTFOLIO OVERNIGHT. BUT I REMEMBER ALL THE DAYS WHEN THE PORTFOLIO WENT TO ZERO WITHIN HOURS. 🍁 I CHOOSE TO STAY HUMBLE. 🙏 $ETH $BTC $SOL
I ASKED DEEPSEEK- "WHAT DO YOU SUGGEST ABOUT INVESTMENT NOW? " THE RESULT IS GIVEN BELOW. 🔰
Based on the provided data, here's an investment suggestion:
**Neutral to Cautiously Bearish Stance**: - **Fear & Greed Index at 50** indicates neutral market sentiment, neither extreme fear nor greed. - **BTC ETF Netflow (-$251M, -1.23%)** and **Outflow (-10.57%)** suggest institutional investors are reducing exposure, which may signal short-term caution. - **High 24H Volume ($111B)** implies volatility, but direction is unclear without additional context (e.g., news, technical patterns).
**Recommendations**: 1. **Wait for Clarity**: If considering new investments, monitor for stabilization in ETF flows or bullish catalysts (e.g., regulatory news, institutional inflows). 2. **Diversify**: Hedge risk by allocating to less volatile assets (e.g., stablecoins, bonds, or equities). 3. **Dollar-Cost Averaging (DCA)**: If bullish long-term, invest small amounts periodically to mitigate timing risk. 4. **Risk Management**: Set stop-losses if holding BTC, given outflow trends.
**Final Note**: Always align decisions with your risk tolerance, investment horizon, and broader portfolio strategy. Short-term data can be noisy—focus on long-term fundamentals.
THE NUMBER OF SHORT POSITIONS IS HIGHER THAN THE NUMBER OF LONG POSITIONS FOR THE CRYPTOCURRENCY PAIR BEL/USDT. THERE IS A CHANCE THAT THE PRICE WOULD GO HIGHER WITHIN FEW HOURS. SPOT TRADING IS ADVISED. 🍁 $BTC $SOL
FEAR & GREED INDEX HAS BEEN DECREASED TO 5️⃣4️⃣ SINCE YESTERDAY. ONE MAY PREPARE TO ENTER THE MARKET FOR LONG TERM INVESTMENT WHEN IT FALLS ABOUT 4️⃣0️⃣. I RECOMMEND ONLY 4 CURRENCIES. $SOL #solana $BNB #BNB $ETH #Ethereum
$BTC #BTC #MARKETSHAKEOUT MAKE NO MISTAKE. ⛔ ANOTHER MARKET SHAKEOUT IS BREWING, BECAUSE THE NUMBER OF LONG POSITIONS IS QUITE HIGH THAN THE NUMBER OF SHORT POSITIONS, AND IT ONLY TAKES 10000 (TEN THOUSAND) BITCOIN SELL-OFF TO CRASH THE MARKET IN ONE DAY. WISH YOU ALL THE VERY BEST. 🍁
$BTC #BTC #PREDICTION I ASKED DEEPSEEK "IN WHICH DIRECTION THE PRICE OF BITCOIN CAN GO?" THE RESULT IS THE FOLLOWING: 🔰
Based on the provided data: - **Current Price**: 103,887.5 (+2.66%). - **Long/Short Ratio**: 1.32 (56.87% long vs. 43.13% short).
### Key Observations: 1. **Bullish Sentiment Dominates**: More accounts are long, suggesting traders anticipate upward momentum. 2. **Risk of Over-Leveraging**: A high long ratio could lead to volatility if profit-taking or liquidations occur. 3. **Recent Price Increase**: The 2.66% gain indicates short-term bullish momentum.
### Likely Direction: - **Short-Term**: Potential for further upside due to bullish sentiment and recent price action. - **Caution**: A crowded long position increases the risk of a sharp correction if sentiment reverses.
**Conclusion**: Bitcoin’s price may continue rising in the near term, but traders should monitor for signs of overextension or shifts in the long/short ratio. $BTC
$NEIRO WHAT WILL HAPPEN TO $NEIRO ? NOTHING NEW ACTUALLY. THE NUMBER OF LONG POSITIONS IS WAY TO HIGH THAN THE NUMBER OF SHORT POSITIONS. SO THE PRICE WILL FALL SHARPLY. BRACE YOURSELF TIGHTLY. 🍁
$NEIRO #NEİRO TWO IMMEDIATE SELL-OFF ZONE FOR THE CRYPTOCURRENCY $NEIRO IS AT THE PRICE 0.00103 USDT & 0.00110 USDT WHICH MEANS THAT THE PRICE WILL FALL SHARPLY AFTER IT TOUCHES THEM. IN MY PERSONAL OPINION THE PRICE WILL FALL MORE TO SHAKE-OFF THE LONG POSITIONS, BECAUSE THE LONG-SHORT RATIO IS ABOVE 4 RIGHT NOW. WISH YOU ALL THE VERY BEST. HAPPY NEW YEAR. 🍁
IN THE RECENT MARKET SITUATION IT’S A GOOD OPTION TO SEND ALL OF YOUR ASSETS TO EARN SECTION OF BINANCE AND TAKE A VACATION FROM CRYPTO TRADING FOR 3-4 WEEKS. WISH YOU ALL THE VERY BEST. 🍁
ALWAYS REMEMBER, " THE MARKET RECOVERS MUCH FASTER THAN YOUR EMOTIONS. " SO KEEP PATIENCE AND HOLD YOUR ASSETS IN SPOT. TOTALLY AVOID LEVERAGE TRADING IN FUTURES. IF POSSIBLE INVEST MORE RIGHT NOW. NOW IS THE TIME. THIS IS THE BUY TIME. THIS IS THE DIP. WISH YOU ALL THE VERY BEST. 🍁
Understanding the Wyckoff Accumulation Phase: A Guide to Smarter Trading
In volatile markets like cryptocurrency, where prices can swing wildly in short periods, understanding market psychology and identifying key patterns is essential for making informed decisions. One such critical concept is the Wyckoff Accumulation Phase, a powerful tool that helps traders identify when large investors (often called “whales”) are quietly accumulating assets at discounted prices. This phase is a crucial part of the Wyckoff Method, which helps traders read market movements and anti
$USUAL #USUAL ALWAYS TRY TO BUY AT THE DIP. IF MISSED, TRY TO BUY AGAIN SO THAT TO GET A GOOD AVERAGE PRICE BY DOLLAR COST AVERAGING (DCA). ALSO NEVER SELL WHEN PRICE GOES DOWN IF THE CURRENCY HOLDS GOOD PERSPECTIVE AND PUBLIC INTEREST. REMEMBER THAT PATIENCE IS SWEET, BUT HARD TO ACHIEVE. WISH YOU ALL THE VERY BEST. 🍁
IF YOU ARE A TRADER WITH 'HODLING' SPIRIT, YOU MAY TRANSFER YOUR ASSESTS TO BINANCE EARN SECTION AND SEE THEM GROW DAILY / MONTHLY / YEARLY. WISH YOU ALL THE VERY BEST. 🍁
$ORCA I HAVE BOUGHT THE CRYPTOCURRENCY ORCA AND TRANSFERRED IT TO THE FUNDING WALLET. THIS MEANS I'M GOING TO HOLD IT FOR A VERY LONG TIME. I'M EXPECTING AN 400% INCREASE IN PRICE WITHIN 90 DAYS. LET'S SEE WHAT HAPPENS. 🍁